Form 4: Allegion plc Executive Timothy P. Eckersley Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Timothy P. Eckersley, a Senior VP at Allegion plc, disposed of 214 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 22, 2025, Timothy P. Eckersley, a Senior VP at Allegion plc, disposed of 214 ordinary shares.
- The shares were disposed of to cover tax withholding obligations related to the vesting of a restricted stock unit award.
- The transaction was executed at a price of $126.96 per share.
- Following the transaction, Eckersley beneficially owns 41,055.387 ordinary shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of stock disposal transaction |
| 02/25/2025 | Date of signature by Attorney-in-Fact |
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